Tesla board rallies investors behind Musk's $1 trillion compensation ahead of key vote (TSLA:NASDAQ)

Core Viewpoint - The Board Chair of Tesla is urging shareholders to disregard the advice of proxy advisory firms, unions, and corporate watchdogs in favor of approving CEO Elon Musk's unprecedented compensation package, which is contingent on his performance achievements [2]. Group 1 - The shareholder vote is scheduled for next week, indicating a critical decision point for Tesla regarding executive compensation [2]. - The compensation package for Elon Musk is described as unprecedented, highlighting its unique nature in the context of corporate governance [2]. - The Board Chair's request reflects a significant divergence from the recommendations of influential advisory firms and stakeholders, suggesting potential internal and external conflicts regarding executive pay [2].